What’s the new progress in the company’s HUD business?

Huayang Group's answer: In the third quarter of 2022, the company's HUD products obtained new designated projects from many customers including Great Wall, Changan, GAC, Geely, VinFast, etc.; it is currently participating in project bidding for multiple joint ventures and new forces. HUD shipments in the first three quarters of 2022 increased significantly year-on-year, and multiple W-HUD and AR-HUD projects are expected to enter mass production in the fourth quarter. The company's AR-HUD includes technical solutions such as TFT, DLP, and LCOS, all of which are currently in mass production or under development. Breakthroughs have been achieved in technologies such as dual focal planes and oblique projection, and the application of optical waveguide technology in AR-HUD has been promoted through independent research and development, cooperative research and development, and other methods.